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Mustek Heps to plunge

Feb 16 2012 11:10 I-Net Bridge

Company Data

Mustek Ltd [JSE : MST]

Last traded R6.01
Change R0.01
% Change 0.17%
Cumulative volume 458,802
Market cap R653.15m

Last Updated: 25/05/2012 at 19:32. Prices are delayed by 15 minutes. Source: McGregor BFA

 

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Johannesburg - IT group Mustek [JSE:MST] said on Thursday it expected headline earnings per share in the six months ended December 2011 to be between 55% and 65% lower, from 36.20 cents in the prior comparable period.

Basic earnings per share are expected to be between 35% and 45% lower than the basic earnings of 36.12c/share previously.

Turnover increased by 20.9% to R1.964bn, while gross profit percentage increased to 14.7% compared with 14.4% a year earlier.

Mustek is a South African branded assembler and distributor of PCs, notebooks and related products.

Interim results are expected on February 29.

 
 
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